404 Broadway, Hanover, PA 17331
- $250,000
- 6
- BD
- 4
- BA
- 1,496
- SqFt
- Sold Price
- $250,000
- List Price
- $275,000
- Closing Date
- Dec 20, 2023
- Days on Market
- 68
- Status
- CLOSED
- MLS#
- PAYK2048834
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 1
- Half Baths
- 3
- Living Area
- 1,496
- Lot Size (Acres)
- 0.07
- Style
- Colonial
- Year Built
- 1930
- County
- York
- School District
- Hanover Public
Property Description
Incredible Investment Opportunity in Hanover, PA! 6-Room Boarding House with Outstanding Cap Rate and Cash-on-Cash Return over 12%! Welcome to this promising property in Hanover, Pennsylvania, offering savvy investors an exceptional opportunity. This 6 bedroom, 4 bathroom boarding house boasts an impressive cap rate and cash-on-cash return, both exceeding 12%, making it an enticing prospect for those seeking high returns. While the property may require some improvement, its potential for substantial financial gains cannot be overlooked. With an affordable entry point, you have the flexibility to customize upgrades to enhance its appeal and rental income, thereby boosting your returns over time. Situated in a location with consistent demand for affordable housing, this property offers diversified income streams and the potential for long-term growth as Hanover, PA, continues to prosper economically. Don't miss out on this unique investment offering. Seize the opportunity to shape this property to your vision and capitalize on the strong rental market in Hanover, PA.
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Additional Information
- Area
- Hanover Boro (15267)
- Subdivision
- Hanover Boro
- Taxes
- $3223
- School District
- Hanover Public
- Heating
- 90% Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of EXP Realty, LLC. Contact: (888) 397-7352
Selling Office: .